J.P. Morgan Keeps Their Buy Rating on Caci International (CACI)

J.P. Morgan analyst Seth Seifman maintained a Buy rating on Caci International today and set a price target of $700.00.

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According to TipRanks, Seifman is a 5-star analyst with an average return of 16.7% and a 70.95% success rate. Seifman covers the Industrials sector, focusing on stocks such as L3Harris Technologies, York Space Systems, Inc., and AeroVironment.

In addition to J.P. Morgan, Caci International also received a Buy from Bank of America Securities’s Mariana Perez Mora in a report issued on April 7. However, on April 2, Citi assigned a Hold rating to Caci International (NYSE: CACI).

Based on Caci International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.22 billion and a net profit of $123.86 million. In comparison, last year the company earned a revenue of $2.1 billion and had a net profit of $109.94 million

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CACI in relation to earlier this year. Last month, Debora A Plunkett, a Director at CACI sold 220.00 shares for a total of $132,726.00.